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Question 7 Not yet saved You have chosen a finance major because you would like to be an investment banker. You think that your chance
Question 7 Not yet saved You have chosen a finance major because you would like to be an investment banker. You think that your chance of getting a well-paid job in an investment bank is about 20 per cent. If you get the job you will have a starting salary of $300,000 per year. However, if you don't make the cut then you will work at a fast food outlet for $40,000 per year. What is the standard deviation of your expected starting salary? Marked out of 1.00 P Flag question Select one: O A. $104,000 O B. $92,000 C. $108,160 O D. $70,000 Question 8 Not yet saved Jill purchased a share one year ago for $6.34, and it is now worth $10.64. The share paid a dividend of $1.20 during the year. What was the share's rate of return from capital appreciation during the year? (as a percentage to the nearest two decimal points. don't use % sign. eg 2.881% is 2.88) Marked out of 1.00 P Flag question Answer: The return paid for use of borrowed capital is called: Select one: O A. Cash dividend OB. Interest O C. Stock Dividends O D. Capital return
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